St. Paul daily globe., 1887-12-11
MINNEAP0LIS REAL ESTATE.
A Boom in South Minneapolis
Sales Huring the Past Week.

During the past seven years, with the
exception Of the past twelve months,
South Minneapolis has remained dor
mant, but during the periOn mentioned
the expenditure of half million dollars
in substantial public imprOyements,an and
the rapid increase III population. has
resulted in a boom. The Lake and
Marshall street s bridge, to cost $3.50, ,0e0.
which is to be completed under $50, 900
bonds by Aug. of next year will afford
the most direct communication between
the Twin Cities, and will probably be
used more than any other bridge, eX-
cepting perhaps the steel arch between
the West and East sides. In drive by
this route from the capitol at st. Paul
and the West hotel. Minneapolis, only
two railroads are crossed, while it is a
fact that by other roads no less than
seven railroads are crossed. The Frank
lin avenue bridge will also be com
pleted by July l, and streets running to
the bridge are being laid out while
numbers of additions in that vicinity
are being plated.
Real estate has taken an upward tone
this past week Trading has been very
active and cash deals far more numer-
Gus than OF late.
i llt NiiilCl lliOi1bnS at. VI SOuAcNs
spent more in speculating and inspect
ing than in actual building. yet never
thelesS the following list of what one
firm, MesSrS. Francis & Paul, are doing
alone is d sample of the brisk and active
condition of the Minneapolis real estate
market. They are building brick bus
mess block on Cedar avenue, to cost
$4,000. They have lately sold the
double corner. Second avenue north and
Second street, for SO, POO. A brick store
building. Washington avenue south,
81, 900. Dwelling or Cedar avenue.
5000. Tenement row, Seventeenth
avenue south, $4,000. and. besides, nu-
merouS other sales and building VEN
lures from $1,000 and UP.
The property known as Highland Park
addition is becoming greatly i'll demand.
A cash sale cOnSummated in part of this
property last week came off when G. E.
Killers paid SlO.500 to Julius Gross & Co.
for lots l. ,, ,, ! and ). Another addi-
tion. the Gilbert & Anderson, has been
quite brisk in demand during the past
few DAYS and consequently as much as
$1,000 of the property has been sold.
The chief subject of conversation
among architects at present IS the new
court house. Nearly all of the local
architects will compete for the designs
Of the building There is some fear felt
that the work will be given to some out
slider. and III that case it is loudly limited
the work will simply be 4 matter of pO-
iitical iObbery. 1t is to be hoped this is
mere talk Minneapolis possesses some
first-clasS architects, who would be
proud to erect building that would re-
d0und to theirs and the city's credit.
The 900 brown stone residence of
II. Alden Smith, Harmon Place and
Fourteenth street, is built up to the sec
und story and will be quite finished
next spring.
W. Charming Whitney has been kept
quite busy all the season. Some of the
residences he has completed in time for
winter occupancy. There is one for E.
+. Pierce. a $4,000 frame house at Park
avenue and Twenty-Seventh street.
W. H. Lee. red brick and brown stone,
corner of Ninth street and Seventh ave-
nue. south, costing $1,000, and another
$1,000 brick residence for a. B. Barton,
Oh Clifton avenue and Vine Place.
The foundation for Rev. J. A. Paige'S
$4,000 residence Oh Willow street and
Yale Place is about completed.
The transfers for the eleven months
ending Nov. so were 15.074, aggregating
So, ,2254. POP There were 4,5S5 building
permits to cost 81, ,474, $50. The adjust
erS for the insurance companies in refer
ence to the Mortimer hotel fire have
figured out loss of $4,000 against $S3,-
900 claimed by Mr.. Mortimer.